Hebei's iron & steel PMI reaches 47.0% in Aug
2019-09-02 17:29:30 [Print]
According to data released by Hebei Metallurgical Industry Association, the iron & steel PMI of Hebei was 47
. 0% in August 2019, down by 0 . 4% MOM . Affected by the market condition and production restriction and suspension due to environmental protection, iron and steel enterprises in Hebei saw decline of orders, increase of inventory pressure for finished products, sharp decrease of raw material costs and low level of industrial profits.